Tron65: alexbidel, I have to start somewhere. $500 is my whole life savings! Lol

usr7341: Tron65, apy?

Tron65: usr7341, 0.5% of whatever they get daily. Happens to be their most popular coin

usr7341: Tron65, ui... 0.5% is really good. its like 180% per yar ~

usr7341: Tron65, single sided or in an lp?

Tron65: Yeah, just BCH. And they sent an email each time you earned a fraction. All day long.

Tron65: (I’m a good Yobit user. I won’t advertise other exchange in Yobit chat)

Merkato: Tron65, i don't need to tried, because i can see the big picture :)

Merkato: Tron65, YoFarming you put $500 to earn $$$ ($1,$2...) then you lose everything lol

Tron65: But I think YoFarming can be good. We should wait a year to judge their performance

Merkato: Tron65, your $500 turn to $5xx then goes down to $x

Merkato: Tron65, in a year your $500 turn to $1

Tron65: Merkato, did you put any money in to try?

Merkato: same as ib ;)

cobratoontje: Tron65, He has no money !!?

youdedend L0: YoFarm trade will be open on January 2022 ??

Tron65: If you don’t try, then you can only offer your theory.

usr7341: well... not really...

Tron65: usr7341, no? You should try a few bucks in a few coins

Tron65: Coins and exchanges all are like a large mutual funds to me. Whichever doesn’t perform, I’d drop them like a bag. Like losing in dice. No emotion

usr7341: Tron65, the problem is, the assets that are lp-ed. are more or less only yboit coins. means, inifite supply vs demand. so, if you go very long then you will suffer impermanent loss. so, its a huge risk. if it goes to $1 dunno. but its not like your $500 will stay the same

usr7341: my impression, ppl simply underestiate the IL risks here in the pools

Tron65: usr7341, I understand

usr7341: i do only the yo-btc pair bc I see the risk ok-ish for me in yo

usr7341: all other are not worth imho

usr7341: and on top, you have no idea where yofarm will trade to offset potential IL losses from the defi-pools

Tron65: You’re right. All of them are shitcoins. I have some in YO for sure

usr7341: tl;dr I dont think it will go $1. but, I also dont think, you gonna make huge profits if you go into the pools bc of the huge risks of IL

Tron65: In fact, most of my money, if I decide to use YoFarming, will be in YO

Tron65: However, in crypto, don’t joke about a joke coin too long (Doge) and never shit on any shit coin too soon (SHIB). Lol

Tron65: Y’all enjoy!

usr7341: Tron65, yup. I personally try just to "value" the trades. and all of us have different models, approaches, ideas and so on

usr7341: Tron65, so yeah, what might be a good trade, can turn later in a total disaster. and vice versa

usr7341: Tron65, btw if you like to hear an idea: by crv on fatnom and profit from the curv-war's theme. then, park them in tarot to earn on top currently ~30% apy while having super cheap fees on fantom.

usr7341: buy crv...

usr7341: Tron65, the clue: you can do single sided liquidity provision on tarot. NO IL

Virions2 L0: hi all

easteregg69: usr7341, Master.

easteregg69: Single sided liquidity providing.

scaryhamid L0: whats the minimum amount to add liquidity?

easteregg69: No impermanent loss. Single sided.

usr7341: easteregg69, ?

easteregg69: usr7341, Compounding synth's. Does it have a name?

easteregg69: usr7341, You got it right. Noted.

usr7341: XD

easteregg69: Time for an ass wash. Check the sweat.

fateh07 L0: Hi

fateh07 L0: DLRS

fateh07 L0: .

easteregg69: Got hair growing out the ears? Cut it!